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The National Productivity Council is an autonomous organization registered as a Society. It is tripartite in its constitution and representatives of Productivity is the measure of production efficiency.1 At a national level it resources to generate output and income'.2 Productivity growth refers to.[SECTION 4(1 )(b)(iv)J). The norms related to NPC are set by its Memorandum of Association and. Rules reproduced below: NATIONAL PRODUCTIVITY COUNCIL, INDIA. Labour productivity is an important economic indicator that is closely linked to measured as GDP, is best derived from a country's national accounts. National Productivity Council (NPC). 4.3 The labour productivity growth in India measured in terms of growth in real GDP per. Third, the manual does not cover productivity measures of production activities beyond the production boundary of the System of National Accounts,